The development of the legal framework governing the Shari'ah committee of the Islamic banking and takaful institutions in Malaysia

• Main Author: Hussain, Mohammad Azam
• Format: Article
• Language: English
• Published: Islamic Business School 2016
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/21098/1/IJIB%2068-89%2C%20vol%201no%202%20%282016%29.pdf; http://repo.uum.edu.my/21098/; http://ijib.uum.edu.my/index.php/vol-1-issue-2-2016/ijib-68-89-vol-1no-2-2016

In Malaysia, the Sharῑᶜah Committee established by Islamic banks and takāful operators are subject to the legal framework as set out by the legislations governing Islamic financial services. The legal framework of the Sharῑᶜah committee existed since the enforcement of Islamic Banking Act 1983 (Act...